Published 2 years ago

Your Social Security Benefits Could Increase This Much in 2023

Summary by Ground News

The Consumer Price Index (CPI) rose 8.3% in August, a decrease from 8.5% in July. With this recent CPI data, it showed that the Social Security cost-of-living adjustment (COLA) could reach 8.7% for 2023 instead of the previously forecasted 9.6%. While lower than prior forecasts, the COLA boost will still be the highest increase since the 1980s.

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c|net

Your Social Security Benefits Could Increase This Much in 2023

Next year's monthly Social Security checks could get their biggest boost in more than four decades.

2 years ago·New York, United States

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Staten Island Advance

Social Security benefits for 2023: Could the increase be lower than expected?

STATEN ISLAND, N.Y. — As inflation eases across the United States, the record Social Security increase planned for 2023 could be lower than expected, new predictions say.

2 years ago·Richmond County, United States

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